EU offers relief on reporting deadlines for funds in pandemic
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LONDON (Reuters) - Investment funds should not face enforcement action by their national regulators for failing to meet reporting deadlines during the pandemic crisis, the European Union's markets watchdog said on Thursday.The European Securities and Markets Authority (ESMA) said it was aware that lockdowns in member states to prevent COVID-19 contagion present significant difficulties for fund managers and auditors to meet reporting deadlines."In the current situation, ESMA expects national..